Vav Paper Works Limited

Vav Paper Works Ltd from Rainham UK: a small, active company founded five years ago, is facing some financial headwinds. Despite a strong 5.0 Google rating from a single review, the company has overdue accounts and confirmation statements spanning two years, and currently employs just one person. It holds £49,126 in assets and operates from a real address, managed by a single director and owner, who is also the solo founder. The business regularly imports machinery, boilers, and mechanical appliances, with parts imported three months ago.

The company’s website showcases a range of single and double-wall paper cups, embossed cups, and printed cups, catering to a B2B market. It offers customization options and emphasizes quick quotes and gallery showcasing designs. The site also highlights an “Envirnoment” section, suggesting a focus on sustainable practices. It’s clear that Vav Paper Works Ltd is primarily an e-commerce business, selling directly to customers.

Financially, Vav Paper Works Ltd presents a concerning picture. While it’s a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has plummeted to -£58,000. Bank borrowings remain steady at £80,000, and cash reserves are a meager £82. Current assets are £49,000, and trade debtors are £9,000. The lack of employee reporting is unusual, but consistent with a very small operation. With no auditor mentioned, the unaudited figures require careful interpretation.

It seems Vav Paper Works Ltd is burning through money, with losses outpacing assets. The company’s focus on paper cup sales and its online presence suggest a targeted business model, but the negative equity and low cash reserves raise serious questions about its long-term viability. The lack of employee reporting could indicate a lean operation, but it also suggests a potential strain on the single founder's capacity to manage the business.

Registered in England/Wales under the registration number 12187158, with a registered address at RM13 8UG, England, Rainham, Unit 5 Marsh Way.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.